Board of Directors

Mr. Michael M Yu Founder, Chairman

Mr. Michael Minhong Yu is the founder of our company and has served as the executive chairman of our board of directors since 2001. He was also our chief executive officer from 2001 to September 2016. In addition to his roles in our company, Mr. Yu also serves as vice chairman of the Beijing Young Entrepreneurs Association and vice chairman of the Committee of Education of the Central Committee of the China Democratic League.

Prior to founding our first school in 1993, Mr. Yu was an English instructor at Peking University from 1985 to 1991. Mr. Yu received his bachelor’s degree in English from Peking University.

Mr. Chenggang ZhouChief Executive Officer

Mr. Chenggang Zhou has served as our director since November 2010 and chief executive officer since September 2016. Mr. Zhou joined New Oriental in 2000 and has held multiple positions in the Company since then, including president, executive president for domestic business, executive vice president, vice president and president of Beijing and Shanghai New Oriental Schools.

Prior to joining us, Mr. Zhou was a correspondent for the Asia Pacific region and a program host at BBC. Mr. Zhou received his bachelor’s degree in English from Suzhou University in China and his master’s degree in communications from Macquarie University, Australia.

Mr. Louis Hsieh Director and Senior Advisor

Mr. Louis Hsieh has served as our board
director since March 2007 and Senior Advisor since January 2016. From May 2009
to January 2016, Mr. Hsieh served as our President, and from December 2005 to
April 2015, he served as our chief financial officer. Mr. Hsieh currently holds
the position of Chief Financial Officer at NIO (or NextEV). Previously,
Mr. Hsieh was the chief financial officer of ARIO Data Networks, Inc. in
San Jose, California from 2004 to 2005.
Prior to that, Mr. Hsieh was a managing director for the private
equity firm of Darby Asia Investors (HK) Limited from 2002 to 2003. From 2000 to 2002, Mr. Hsieh was
managing director and Asia-Pacific tech/media/telecoms head of UBS Capital Asia
Pacific, the private equity division of UBS AG.
From 1997 to 2000 Mr. Hsieh was a technology investment banker at
JP Morgan in San Francisco, California, where he was a vice president, and
Credit Suisse First Boston in Palo Alto, California, where he was an
associate. From 1990 to 1996,
Mr. Hsieh was a corporate and securities attorney at White & Case
LLP in Los Angeles. Mr. Hsieh also
serves as an independent director of JD.com, Inc. (NASDAQ: JD) and YUM China
Holdings, a NYSE-list restaurant company operating KFC, Pizza Hut, Little Sheep
Hot Pot, Taco Bell in China.

Mr. Hsieh
holds a bachelor’s degree in industrial engineering and engineering management
from Stanford University, an MBA degree from the Harvard Business School, and a
J.D. degree from the University of California at Berkeley.

Mr. Denny Lee Director

Mr. Denny Lee has served as our independent
director since September 6, 2006. Mr. Lee has served as a director of NetEase,
Inc., formerly known as Netease.com, Inc., a leading internet technology
company in China listed on the Nasdaq Global Select Market, since April 2002.
He was the chief financial officer of NetEase, Inc. from April 2002 to June
2007 and its financial controller from November 2001 to April 2002. Prior to
joining NetEase, Inc. in 2001, Mr. Lee worked in the Hong Kong office of KPMG
for more than ten years. Mr. Lee currently serves as the chairman of the audit
committees and an independent non-executive director on the board of Concord
Medical Services Holdings Limited, Jianpu Technology Inc. and
NIO Inc. which are listed on the New York Stock
Exchange, and as an independent non-executive director on the boards of China
Metal Resources Utilization Ltd., which is listed on the main board of Hong Kong
Stock Exchange.

Mr.
Lee graduated from the Hong Kong Polytechnic University and is a member of The Hong Kong Institute of Certified Public Accountants and
The Chartered Association of Certified Accountants.

Dr. John Zhuang Yang Director

Dr. John Yang has served as our independent
director since September 3, 2007. Dr. Yang is currently the Dean of the Beijing
International M.B.A. Program at Peking University. He also serves as a
full-time professor at National School of Development of Peking University and
holds a tenured professorship at Fordham University’s graduate school of
business. Dr. Yang currently also serves as an independent director of Tristate
Holdings Limited, a company listed on the Hong Kong Stock Exchange.

Dr.
Yang holds a Ph.D. degree in business administration from Columbia University,
a master’s degree in sociology from Columbia University, a master’s degree in
international and public affairs from the Woodrow Wilson School of Public and
International Affairs at Princeton University, and a bachelor’s degree from the
English Language and Literature Department of Peking University.

Mr. Robin Li Director

Mr. Robin Li has served as our independent director since September 6, 2006. Mr.
Li is a co-founder of Baidu, Inc., the leading Chinese language Internet search
provider listed on the Nasdaq Global Select Market. Mr. Li has served as the
chairman of the board of directors of Baidu since its inception in January 2000
and as its chief executive officer since January 2004. He served as the
president of Baidu from February 2000 to December 2003. Prior to founding
Baidu, Mr. Li worked as an engineer at Infoseek, a pioneer in the Internet
search engine industry, from July 1997 to December 1999. Currently, Mr. Li acts
as the vice chairman of the Internet Society of China (ISC). Mr. Li has also
been a vice chairman of All-China Federation of Industry & Commerce since
December 2012.

Mr.
Li received a bachelor’s degree in information science from Peking University
and a master’s degree in computer science from the State University of New York
at Buffalo.